Technical analysis by CryptoPAMM about Symbol GLM: Buy recommendation (6/19/2024)

I’m excited to share a trade setup for my favorite coin at the moment: Golem (#GLMUSDT). Both the GLMUSDT and GLMBTC pairs are showing extremely bullish potential, and the price action is aligning perfectly with our trading strategy. Key Points: *Elliott Wave Pattern: The current chart reveals a compelling Elliott Wave pattern. Notably, wave 5 hasn't commenced yet, presenting an excellent buying opportunity, especially with the recent completion of the ABC correction. *Perfect Pullback: This recent pullback is exactly what I've been waiting for. It marks the end of the correction phase and the beginning of a potential new upward movement. Trade Setup: *Entry Triggered: Today, my trade setup was triggered, offering a solid 1:3 risk/reward ratio. The current setup is highly favorable for entering a long position, capitalizing on the anticipated wave 5. Conclusion: Bullish Outlook: The bullish sentiment for Golem is strong, and this setup provides a promising opportunity for substantial gains. If you follow this trade, you might be thanking me later. Happy trading!